The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.11 - Manufacture of electronic components
300 jobs Number of planned job creations
Announcement Date
16 November 2016
Employment effect (start)
1 July 2017
Foreseen end date
Description
Japanese electronic components maker SIIX Corporation has announced it will invest HUF 6.4 billion (cca €20 million) in building a plant in Nagykőrös, southeast of Budapest, with a non-refundable government grant of HUF 1.3 bln (cca €4 million).  The investment creates 300 new jobs. The plant is expected to start operations in the third quarter of next year.
Sources
16 November 2016: Vilaggazdasag Online
16 November 2016: Hirado.hu
16 November 2016: bbj.hu
Citation
Eurofound (2016), SIIX, Business expansion in Hungary, factsheet number 89143, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89143.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
